Historic Egyptian Pound Kazakhstani tenge

Egyptian Pound kazakhstani tenge history for December 2023. The highest quote for this month is 14.962 (23/12/2023) and the lowest 14.955 (02/12/2023). The difference between high and low is 0.05.

EGP KZT average rate for December 2023 is 14.80761, the change between 01/12/2023 and 31/12/2023 is +0.78 %.

01 December 20231 EGP = 14.80 KZT
02 December 20231 EGP = 14.96 KZT
03 December 20231 EGP = 14.95 KZT
04 December 20231 EGP = 14.91 KZT
05 December 20231 EGP = 14.87 KZT
06 December 20231 EGP = 14.90 KZT
07 December 20231 EGP = 14.84 KZT
08 December 20231 EGP = 14.79 KZT
10 December 20231 EGP = 14.85 KZT
11 December 20231 EGP = 14.83 KZT
12 December 20231 EGP = 14.78 KZT
13 December 20231 EGP = 14.71 KZT
14 December 20231 EGP = 14.77 KZT
15 December 20231 EGP = 14.69 KZT
16 December 20231 EGP = 14.83 KZT
17 December 20231 EGP = 14.82 KZT
18 December 20231 EGP = 14.84 KZT
19 December 20231 EGP = 14.77 KZT
20 December 20231 EGP = 14.72 KZT
21 December 20231 EGP = 14.69 KZT
22 December 20231 EGP = 14.82 KZT
23 December 20231 EGP = 14.82 KZT
24 December 20231 EGP = 14.82 KZT
25 December 20231 EGP = 14.80 KZT
26 December 20231 EGP = 14.80 KZT
27 December 20231 EGP = 14.85 KZT
28 December 20231 EGP = 14.74 KZT
29 December 20231 EGP = 14.68 KZT

13/12/2021: Introduction of New Banknotes and Coins

New banknotes and coins were introduced, featuring updated designs, improved security features, and denominations. This aims to enhance the efficiency of cash transactions.

03/11/2020: Economic Impact of COVID-19

The COVID-19 pandemic caused economic disruptions globally, affecting the Egyptian Pound's exchange rate and foreign reserves.

03/04/2017: Transition to Free Float

After gradually reducing interventions, Kazakhstan fully transitioned to a free float exchange rate for the tenge, allowing the market to determine its value.

20/08/2015: Tenge Devaluation

Kazakhstan devalued the tenge by around 30% due to falling oil prices and economic instability. This move aimed to boost exports and protect the economy.

19/04/2004: Introduction of New Banknotes

New banknotes with enhanced security features and updated designs were introduced to combat counterfeiting and modernize the currency.

14/11/1999: Liberalization of Exchange Rate

The Egyptian government implemented a managed float exchange rate system, allowing the Pound to fluctuate based on market forces.

04/10/1999: Floating Exchange Rate

Kazakhstan switched to a floating exchange rate regime, allowing the tenge to fluctuate freely based on market supply and demand.

15/02/1994: Denomination of Tenge

The tenge underwent a 10,000-fold denomination, where 1 new tenge was equal to 10,000 old tenge. This was done to simplify currency handling and eliminate excessive zeros.

15/11/1993: Introduction of Kazakhstani Tenge

The Kazakhstani tenge was introduced as the new currency of Kazakhstan, replacing the Soviet ruble. The exchange rate was set at 1 tenge = 500 rubles.

12/08/1987: Introduction of New Egyptian Pound

A new Egyptian Pound banknote was introduced to combat counterfeiting and improve security features.

14/09/1962: Devaluation of the Pound

The Egyptian government devalued the Pound by 55%, leading to a significant decrease in its value.

23/07/1952: Overthrow of the Monarchy

The Egyptian monarchy was overthrown, leading to political and economic changes that affected the value of the Egyptian Pound.

02/05/1885: Establishment of Central Bank of Egypt

The Central Bank of Egypt was established to regulate the currency and banking system in Egypt.

29/07/1834: Introduction of Egyptian Pound

The Egyptian Pound was introduced as the official currency of Egypt, replacing the piastre.
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